This module allows you to analyze existing cross correlation between Bovespa and NQPH. You can compare the effects of market volatilities on Bovespa and NQPH and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Bovespa with a short position of NQPH. See also your portfolio center. Please also check ongoing floating volatility patterns of Bovespa and NQPH.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Bovespa is expected to under-perform the NQPH. In addition to that, Bovespa is 1.63 times more volatile than NQPH. It trades about -0.13 of its total potential returns per unit of risk. NQPH is currently generating about -0.03 per unit of volatility. If you would invest 118,385 in NQPH on October 20, 2017 and sell it today you would lose (747) from holding NQPH or give up 0.63% of portfolio value over 30 days.